Search Results for: EU
China Fiscal Spending Jumps 26.1% in June
July 14th, 2014
China’s fiscal expenditure surged 26.1 percent in June from a year earlier to 1.65 trillion yuan (155.3 trillion pounds), reflecting government efforts to speed up spending to shore up the economy. Spending growth accelerated from a rise of 24.6 ...
Asian stocks rebound after portuguese bank scare
July 14th, 2014
Asian stocks rebounded Monday from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe. Oil edged up to stay above $100 after tumbling more than ...
Asian shares nudge higher, oil nurses losses
July 14th, 2014
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...
China charges GSK-linked investigators for illegally obtaining private information
July 14th, 2014
Prosecutors in China have filed charges against British investigator Peter Humphrey and his American wife, the official Xinhua news agency said on Monday, after the couple were detained last year following work they did for British drugmaker GlaxoSmithKline Plc. ...
USD/CHF Daily Forecast: July 14
July 14th, 2014
USD/CHF Forecast The USD/CHF was indecisive last week. The bias is neutral in nearest term. Important intraday range to be closely watched remains between 0.8955 – 0.8905. A clear break above 0.8955 could trigger further bullish pressure testing 0.9000 ...
U.S. prosecutors offer junior UK traders immunity in forex probe
July 14th, 2014
Prosecutors from the U.S. Department of Justice are offering immunity deals to junior traders in London as they continue to investigate the alleged rigging of foreign exchange rates by banks and senior traders, the Financial Times reported, citing sources. ...
Tech earnings may boost market in flux
July 14th, 2014
Move over, underperforming banking sector. This week, major players in the tech space will report second-quarter results, and it could be a boost to a direction-seeking market in flux. Analysts project the tech sector will have a 12.3% growth ...
USD/JPY Daily Forecast: July 14
July 14th, 2014
USD/JPY Forecast The USD/JPY had a bearish momentum last week bottomed at 101.05. The bias remains bearish in nearest term testing 100.80. A clear break below that area would activate my bearish mode. Immediate resistance is seen around 101.60. ...
GBP/USD Daily Forecast: July 14
July 14th, 2014
GBP/USD Forecast The GBP/USD was indecisive last week. Overall I still prefer a bullish scenario at this phase but the bias remains neutral in nearest term. Immediate support remains around 1.7115 followed by 1.7060. On the upside, we need ...
UAE regulator approves new brokerage companies’ regulation
July 14th, 2014
The board of directors of the UAE’s Securities and Commodities Authority, SCA, has approved a new regulation for brokers and amended two other regulations. The new 34-article regulation classifies brokerage firms into (1) those which engage in trading only ...
